https://www.taxtmi.com/caselaws?id=401583 The Tribunal allowed the exclusion of 120 days (25.03.2020 to 22.07.2020) from the liquidation process period due to the lockdown and restrictions imposed during the Covid-19 pandemic. The decision aimed to expedite the finalization of the liquidation process, considering the challenges faced by stakeholders in submitting claims. The ruling was based on settled law and judicial precedents, emphasizing fairness and facilitating the resolution process amidst the exceptional circumstances of the pandemic. en-us Fri, 21 Aug 2020 00:00:00 +0530 Fri, 11 Dec 2020 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401583 The Tribunal allowed the exclusion of 120 days (25.03.2020 to 22.07.2020) from the liquidation process period due to the lockdown and restrictions imposed during the Covid-19 pandemic. The decision aimed to expedite the finalization of the liquidation process, considering the challenges faced by stakeholders in submitting claims. The ruling was based on settled law and judicial precedents, emphasizing fairness and facilitating the resolution process amidst the exceptional circumstances of the pandemic. Case-Laws Insolvency and Bankruptcy Fri, 21 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401583